Your current location:HOME >entertainment >Economy improving, with SOEs poised to lead 正文
TIME:2024-05-09 07:23:52 Source: Internet compilationEdit:entertainment
China's economy is improving steadily, with notable growth in some key sectors during the first two
China's economy is improving steadily, with notable growth in some key sectors during the first two months of this year, Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission of the State Council, said on the sidelines of the two sessions on Tuesday.
"The momentum of China's economic recovery has been further consolidated, and we have confidence in the performance of State-owned assets and enterprises this year," Zhang said.
To advance the high-quality development of SOEs, he pledged efforts to enhance their core competitiveness and eliminate institutional barriers that hinder their innovative and high-quality development.
Citing the annual Government Work Report, Zhang highlighted the importance of fostering new quality productive forces and stressed the need to boost innovation and increase investment in research and development.
Official data showed that SOEs spent 1.07 trillion yuan ($148.6 billion) on research and development last year, accounting for nearly a third of China's R&D expenditure.
Zhang also stressed the importance of fostering an innovative ecosystem conducive to fostering new quality productive forces, which entails abandoning outdated practices and a renewed emphasis on long-term investment in talent and technology.
He highlighted the pivotal role of cultivating talent in fostering new quality productive forces, saying that SOEs, with a technology talent pool of over 1.2 million people and a burgeoning community of innovative entrepreneurs, are poised to lead the charge in advancing China's economic agenda.
By fostering a culture of scientific and entrepreneurial spirit, these enterprises will be encouraged to tackle the most formidable challenges and propel the nation toward a prosperous future, he said.
Families of the victims of attacks on displaced people in Congo mourn their dead2024-05-09 07:16
A technicolor twist on Yu the Great2024-05-09 06:56
Exhibition unveils rare masterpiece by ancient Chinese artist2024-05-09 06:40
Carbon budget management system to be set up at provincial, prefecture levels2024-05-09 06:15
Freya Allan goes braless in a long2024-05-09 06:10
Chinese books on display at Paris Book Festival 20242024-05-09 06:02
Singapore PM Lee to step down on May 15 and hand power to his deputy2024-05-09 05:36
China urges US to immediately stop meddling in Hong Kong affairs2024-05-09 05:10
Jessica Biel reveals her unusual secret to getting red2024-05-09 04:49
Lian and Yang win China's 7th diving gold at swimming worlds2024-05-09 04:38
Zendaya displays her stylish off2024-05-09 07:23
Early settlement of situation on China2024-05-09 07:10
'Lanting' cultural salon in Auckland celebrates Chinese calligraphy, traditions2024-05-09 06:55
Assange faces further wait for appeal against extradition to US2024-05-09 06:45
Houston mayor says police chief is out amid probe into thousands of dropped cases2024-05-09 06:44
Beijing International Film Festival to feature French film week2024-05-09 06:38
Beijing International Film Festival to feature French film week2024-05-09 06:27
UN court orders Israel to allow unhindered aid to Gaza2024-05-09 06:19
Astroworld crowd surge: 9 of 10 wrongful death suits have been settled2024-05-09 05:44
Glamorous ex2024-05-09 05:29